Hello everyone,
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important and can help you.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
- Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
- Do check their Team members, try to find their social accounts and do some background about them and their past experience.
- Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
- Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
- No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
- There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
- Only trust official websites, Admin and team member.
- You will get email from hackers , don't open them.
- Use 2fa and other securities to your accounts on exchanges.
Never share your private key with anyone.
If you hold your coins for long term and trade rarely then don't keep your tokens/coins on exchanges , keep them in wallet
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your comment below. I will try my best to help all of you.
Thank you and all the best.